Purchasing Geotechnical Engineering Services

Overview

IBISWorld’s Geotechnical Engineering Services Procurement Research Report helps simplify the purchasing process. This report provides tools such as pricing trends and forecasts, supplier benchmarks and negotiation questions to help you work with internal stakeholders and executives to manage the procurement process for your company. With this information, your company will be able to make credible and knowledgeable decisions regarding purchasing Geotechnical Engineering Services.

Geotechnical Engineering Services - Recent Price Trend

In the three years to 2017, the price of geotechnical engineering services has been rising steadily at an estimated average annual rate of 1.9%. While increasing service rates have somewhat challenged buyer leverage in negotiations, price volatility has remained negligible during this period, providing some relief to buyers by maintaining their ability to budget accurately for services.The value...

Geotechnical Engineering Services - Total Cost of Ownership

The total cost of ownership (TCO) for geotechnical engineering services is low, whereby additional costs associated with the service add up to less than 50.0% of the total cost of the engineering project. The level of “hidden” costs is contingent upon the contract. Prices for geotechnical engineering services typically cover the costs associated with geological surveys, sample collections,...

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About this Report

This report is intended to assist buyers of geotechnical engineering services, which is a branch of civil engineering. Operators in this market study and analyze the effects of rocks, minerals, water and soil on the performance, stability and safety of civil engineering structures. Geotechnical engineers assess the risks of earthquakes, debris flows, soil liquefaction, rock falls, landslides and sinkholes to humans, property and the environment. Subsequently, service providers identify and design the types of foundations required for structures such as bridges, roads, tunnels, mines, dams, high-rise buildings, commercial buildings, pipelines and offshore platforms. This report excludes highway engineering, structural engineering and architectural engineering services.